Finance.

The Wellington Central Council acknowledges its indebtedness again this year to the N.Z. University Senate for the gram of £300 which was placed at the disposal of the Victoria University College Council for the purposes of tutorial classes.

Sir Joseph Ward received a deputation from the Central Council requesting a grant in aid of the funds of the Association. Although his reply was sympathetic the Central Council was subsequently informed that the Cabinet could not see its way to make a grant this year. In view of the work of the Association we think the decision of Cabinet is greatly to be regretted.

The thanks of the Association are heartily given to the Wellington City Council for the continuance of its financial grant of £100, and to the Palmerston North Borough Council for its grant of £50 towards the cost of the Palmerston North tutorial class. These grants have been of the greatest assistance to the work of the Association. The Central Council thanks also those individuals who contributed to the funds, and it believes that the work done during the year has justified the support given.